Scribd
Upload
21 views19 pages

Business Plan

Uploaded by

Angeline Curioso
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
21 views19 pages

Business Plan

Uploaded by

Angeline Curioso
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 19

INTRODUCTION

TO BUSINESS
PLAN
PREPARATION
MS. ANGELINE CURIOSO
Why is it important to have a
Business Plan?
1. To avoid big
mistakes.
2. To counterbalance
your emotions
3. To make sure
everyone's on the
same page
4. To develop a game
plan
5. To raise capital.
A business plan is a
written description
of your business's
future. It is also a
road map that
provides directions
so a business can
plan its future and
helps it avoid bumps
in the road. The
time you spend
making your
business plan
thorough and
accurate, and
keeping it up-to-
date, is an
Your business
plan should
conform to
generally
accepted
guidelines
regarding form
and content.
Each section
should include
specific elements
and address
relevant
questions that
PRODUCTION PLAN
OPERATION PLAN
Major PartsMARKETING PLAN
NTRODUCTION of the FINACIAL PLAN
Business PlanAPPENDIX
XECUTIVE SUMMARY

VIRONMENTAL ANALYSIS
USINESS DESCRIPTION

RGANIZATIONAL PLAN
INTRODUCTION
The introduction presents the general perspective of the business. It may
consist of one to two pages. It includes, among others, the following
section:
1. Proposed name of the Business

2. Address of the Business

3. Name of the owner or owners

4. Description of the Business

5. Location of the Business

6. Funding requirement and source


1. Proposed Name of the
Business
The formulation and drafting of the proposed of business name is not as
simple as it sounds. It is a delicate and important entrepreneurial task.

1. Reflect the business identity and image

2. Promote the philosophical value and


culture that the business values the most.

3. Profess the brand identity of the product,


and

4. Attract or influence the target consumers

At least three suggested trade names must be submitted to the


Department of Trade and Industry for approval and registration
2. Address of the Business
It is important that the address of the business is correctly written because
all business correspondence are mailed to the business address. Raw
materials and other manufacturing supplies are also shipped by the seller
to the designated business address.

Nowadays, it is also necessary for the business to have an email


address to facilitate electronic communication between the business
and the customers, suppliers, creditors, and other significant parties
3. Name of the Owner
The name of the owner must be properly stated. In a sole proprietorship,
there is only one owner. In case the venture is a partnership, the names of
the partners, including the extent of their liabilities, must be indicated. For
example, if a partner’s contribution takes the form of a service, a
description like industrial partner must be properly mentioned.
For business venture that will operate as a corporate entity, the
names, nationalities, and addresses of the incorporators must be
given, Incorporators are persons who originally formed the
corporation.
4. Description of the
Business
A brief description of the business must include information about the type
of product or service that the business intends to produce or provide. It
may include a brief information about the ultimate mission, vision, and
objectives of the business. The other products or services that the business
plans to produce or provide must be mentioned in the description of the
business.
5. Location of the Business
There are rigid rules in the selection of the business location since several
variables affect the selection of the business location. The basic
entrepreneurial consideration is to place the proposed business in a
strategic location that will assure competitive advantage.

What is the difference between the sections Address of the Business


and Location of the Business?
5. Location of the Business
The following factors should be considered when deciding on the location of
the proposed busines:

1. Proximity to the target consumers

2. Distance from the source of raw materials,


labor, and utilities.

3. Availability and cost of transfortation,

4. Peace and order situation

5. Presence of direct competitors

6. The geographic and climate conditions


6. Funding Requirement
and Source
The estimated total initial cost of the business venture must be clearly
indicated. It should include the projected breakdown or allocation of the
total cost like how much will be for building, fixtures, equipment, supplies,
and working capital. This section also presents the source or sources of
funds. The initial cost of the investment may be provided solely by the
owner or owners or partly by the owner and creditors. The estimated period
to settle the funding source provided by creditors must also be mentioned.

You might also like